Scandinavian Tobacco Group A/S: Transactions in connection with share buy-back programme
02 Aprile 2024 - 1:30PM
Scandinavian Tobacco Group A/S: Transactions in connection with
share buy-back programme
Company
Announcement |
|
|
|
|
|
No. 18/2024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Copenhagen, 02 April 2024 |
|
|
|
|
|
|
|
|
Transactions in
connection with share buy-back programme |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
On 10 November 2023, Scandinavian Tobacco Group A/S announced that
a share buy-back programme of an aggregated value of up to DKK 850
million was launched with the purpose to adjust the Company’s
capital structure and meet obligations relating to the Group’s
share-based incentive
programme. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Part of the programme will be conducted in accordance with
Regulation No. 596/2014 of the European Parliament and Council of
16 April 2014 (the “Market Abuse Regulation”) and Commission
Delegated Regulation (EU) 2016/1052, also referred to as the Safe
Harbour rules. Another part of the share buy-back programme is
conducted as a directed buy-back from Chr. Augustinus Fabrikker
Aktieselskab and C.W. Obel A/S as further described in company
announcement no. 30/2023. The share buy-back programme will end no
later than 28 February 2025. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The following transactions
have been executed from 25 March – 29 March 2024: |
|
|
|
|
|
|
|
|
|
Number of shares |
Average purchase price, DKK |
Transaction value, DKK |
|
|
Accumulated, last announcement |
1,926,322 |
|
234,192,327 |
|
|
25-Mar-24 |
30,000 |
124.86 |
3,745,884 |
|
|
26-Mar-24 |
30,000 |
125.76 |
3,772,728 |
|
|
27-Mar-24 |
9,656 |
124.24 |
1,199,648 |
|
|
28-Mar-24 |
- |
- |
- |
|
|
29-Mar-24 |
- |
- |
- |
|
|
Total, 25 Mar – 29 Mar 2024 |
69,656 |
125.16 |
8,718,260 |
|
|
Bought from CAF, 29 Mar 2024* |
31,635 |
125.16 |
3,959,489 |
|
|
Bought from CWO, 29 Mar 2024* |
14,589 |
125.16 |
1,825,983 |
|
|
Accumulated, under the programme |
2,042,202 |
|
248,696,059 |
|
|
*According to separate agreements as from 10 November 2023 Chr.
Augustinus Fabrikker Aktieselskab (CAF) participates on a 27.30%
pro-rata basis and C.W.Obel A/S (CWO) participates on a 12.59%
pro-rata basis to the shares purchased in the share buy-back
programme. |
|
|
|
|
|
|
|
|
|
|
|
|
A detailed overview of transactions during the period 25 March – 29
March 2024 is attached to this announcement. |
|
|
|
|
|
|
|
|
|
|
Following the above transactions Scandinavian Tobacco Group A/S
owns a total of 2,423,951 treasury shares, corresponding to 2.79%
of the total share capital. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For further information, please contact: |
|
|
Torben Sand, Head of IR & Communication, phone +45 5084 7222 or
torben.sand@st-group.com |
|
|
Eliza Dabbagh, IR and Communication, phone +45 5080 7619 or
eliza.michael@st-group.com |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
About Scandinavian Tobacco Group |
|
|
|
|
|
Scandinavian Tobacco Group A/S is a world-leading manufacturer of
handmade and machine-rolled cigars with an annual production of
more than four billion cigars. The Group holds market-leading
positions in several categories and its products are sold in more
than 100 markets. |
|
|
|
|
|
|
Scandinavian Tobacco Group has its headquarters in Copenhagen,
Denmark – and employs approximately 10,000 people in Europe, the
US, Canada, the Dominican Republic, Honduras, Nicaragua, Indonesia
and Sri Lanka. |
|
|
|
|
For more information, please visit www.st-group.com |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- Company Announcement no 18 2024
- PDMR notification CAF 29 Mar 2024
- PDMR notification CWO 29 Mar 2024
- PUBLIC_SBB_SCANDINAVIAN TOBACCO GROUP
Grafico Azioni Scandinavian Tobacco Gro... (TG:8ZI)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Scandinavian Tobacco Gro... (TG:8ZI)
Storico
Da Set 2023 a Set 2024